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Sublime_Trading
Mar 18, 2019 4:45 PM

FTSE 100 Breaks Above the 200 Simple Moving Average Long

UK 100 INDEXTVC

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Last post: December 6th 2018.
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Review: Price was looking bearish after breaking through the strong support level.

Update: The bias is now bullish as price is currently trading back above the daily 200 simple moving average.

Conclusion: As long as the bullish momentum continues, the UK stock market is likely to form a lot of bullish trends which we will be taking advantage of.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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